973 Central St

Millinocket, ME 04462

$530,000
Last Sold Price
Beds
Baths
14,660 Sq. Ft.
$36 / Sq. Ft.
14,660
Sq. Ft.
$36
per Sq. Ft.

Description

Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for...Offering an exciting opportunity for a hospitality entrepreneur in Maine! The Pamola Motor Lodge, an esteemed commercial motel property in Millinocket, ME, features 24 interior- and exterior-corridor guest rooms with ensuite bathrooms, a recently renovated 130-occupant lounge, and an attached leased and operating restaurant. All furniture, fixtures, and equipment will be included. The property also includes a camping bathhouse with seven tent sites, which adds to its income potential and allure for tourists and hikers who frequent Millinocket to explore Baxter State Park, the Katahdin Woods & Waters National Monument, or to complete the Appalachian Trail hike. With its ample parking and strategic location off the Interstate Trail and ATV Trail Systems, the property also provides significant benefits to snowmobilers and outdoor enthusiasts seeking accommodations in the area. Contact us today to explore this unique property in Northern Maine!
  1. Listed by Richard Yost II • NextHome NorthEast Realty

Property Details for 973 Central Street

Zoning
HC
LISTING UPDATED: 01/16/2025 10:12 PM

Property Details for 973 Central Street

StatusClosed
MLS #1583006
Days on Market58
Taxes$15,877 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Mixed Use
Year Built1958
Lot Size4.60 AC / 200,376 SF
CountyPenobscot County

Location

Listing Courtesy of NextHome NorthEast Realty

Sold By NextHome NorthEast Realty

Add your commute

Building Information for 973 Central Street

Stories2Residences-Year Built1958Lot Size4.60 AC / 200,376 SF

Payment Calculator

$4,100 per month

30 year fixed, 6.845% Interest

Principal and Interest

$2,777

Property Taxes

$1,323

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 973 Central Street

Summary
Location and General Information
  • Zip Code: 2124
  • Town: Millinocket
  • State/Province: ME
  • Zip Code: 04462
  • County: Penobscot
  • Geo Latitude: 45.657501
  • Geo Longitude: -68.681567
  • Tax Lot: 003
Parking
  • Parking Features: 21+ Spaces, On Site, Other, Paved
Taxes and HOA Information
  • Tax Book Number: 8993
  • Tax Map Number: U11
  • Tax Year: 2023
  • Parcel Number: MLNK-000011-000000-000003U
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $15,877.00
Property
Lot Information
  • Lot Size Acres: 4.6
  • Building Area Total: 14660.0
  • Lot Size Area: 4.6
  • Lot Size Units: Acres
  • Lot Size Square Feet: 200376.0
  • Street Number: 973
  • Property Information:Surveyed: Yes
  • Property Information:Deed/Conveyance Type Offered: Quit Claim
  • Property Information:Deed: All
  • Property Information:Total # Floors: 2.00
Property and Assessments
  • Leased Land: No
  • Property Type: Commercial
  • Property Type Label: Commercial
  • Property Sub-Type: Mixed Use
  • Year Built: 1958
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • Roof: Membrane
Interior Features
  • Flooring: Tile, Laminate, Carpet
  • Cooling: A/C Units
  • Heating: Hot Water, Baseboard
  • Foundation Details: Concrete Perimeter, Slab
  • Accessibility Features: Level Entry
  • # Floors: 2
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
  • Cooling YN: Yes
  • Heating YN: Yes

Property History for 973 Central Street

DateEvent & SourcePriceAppreciation
Jul 19, 2024

Sold

Maine Listings #1583006

$530,000
Apr 25, 2024

Pending

Maine Listings #1583006

Apr 25, 2024

Active Under Contract

Maine Listings #1583006

Mar 16, 2024

Price Change

Maine Listings #1583006

$600,000
Feb 23, 2024

Listed (Active)

Maine Listings #1583006

$949,000
DateEvent & SourcePrice
07/19/2024

Sold

Maine Listings #1583006

$530,000
04/25/2024

Pending

Maine Listings #1583006

04/25/2024

Active Under Contract

Maine Listings #1583006

03/16/2024

Price Change

Maine Listings #1583006

$600,000
02/23/2024

Listed (Active)

Maine Listings #1583006

$949,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 973 Central Street

Taxable ValueLand$72,000Additions$613,800Total$685,800
Tax Record2024$18,928 ($1,577 / month)
Home Facts
Lot Size100,188 SqFtZoningHCCountyPENOBSCOTAPNMLNK M:U11 L:003

Schools near 973 Central Street

This home is within Millinocket Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Granite Street School
PublicPK to 5

Stearns High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome NorthEast Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.